What is Lead Time? Definition & Tips to Shorten It – Finale Inventory | Ecommerce
Finale Inventory
SEPTEMBER 25, 2024
Understanding lead time helps businesses determine the quantity of stock they need to maintain, minimizing the risk of excess inventory or stockouts. This agility in response can give companies a competitive edge in the fast-paced world of ecommerce. Firstly, it directly impacts inventory management.
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